Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

72.12% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

What awaits NZD in February?

What awaits NZD in February?

Information is not investment advice

What’s happening?

The Reserve Bank of New Zealand will reveal the official cash rate, monetary policy statement, make a rate statement, and after that will answer questions in a press conference on February 23, 03:00 GMT+2. This release is essential for the movement of NZD/USD and GBP/NZD pairs. The announcement influences the cost of borrowing money in New Zealand and shows the country’s inflation level and economic activity. The Reserve Bank of New Zealand reviews its policy seven times a year.

Possible Kiwi Dollar moves

On November 24, 2021, the Reserve Bank of New Zealand raised the rate by 25 points, to 0.75%, which is close to the pre-pandemic times. Due to the immense negative impact of the coronavirus, in March 2021, the RBNZ dropped this rate from 1.0% to 0.25%. As the economy recovered after COVID-19, the interest rate has been slightly going up.

In November, the actual rate was the same as it was predicted, so the changes in currency weren’t crucial. Besides, the volatility stayed as active as it had been.

nzd.png

The new release will help traders understand and predict the variability of NZD and its pairs.

How to trade on the RBNZ meeting?

The higher the actual rate is, the better it is for the currency.

If only the actual rate is much higher than experts say, there will be a boost in the currency rate. In addition, the meaning of the press conference shouldn’t be underestimated; it’s still possible that the RBNZ makes an unexpected statement and sends the NZD sharply up or down.

Check the economic calendar

Instruments to trade: NZD/USD, GBP/NZD

LOG IN

Similar

Popular

Choose your payment system

Feel the Team Spirit

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later